Crypto Traders Pin Market Drop on US-China Tariff Amid Broader Liquidation
Retail crypto traders were quick to attribute Friday’s sharp market downturn to US President Donald Trump’s announcement of a 100% tariff on Chinese imports, according to data from Santiment. However, analysts caution that the decline stems from a more complex mix of factors beyond the tariff news alone. Santiment characterized the retail reaction as typical “rationalization” behavior, where investors seek a single identifiable cause for dramatic losses. “After the selloff, the crowd hastened to agree on what might have triggered the rapid drop,” Santiment noted in a Saturday report, highlighting the surge in social media conversations linking the crypto market’s












